for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Autos

Trade minister Seko says Japan will keep contributing to U.S. employment

Japan's Minister of Trade and Industry Hiroshige Seko speaks at a news conference at Prime Minister Shinzo Abe's official residence in Tokyo, Japan August 3, 2016. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) - Japan’s trade minister Hiroshige Seko said on Friday that Japanese companies have and will continue to contribute to employment in the United States.

In a regular press conference after a cabinet meeting, he said it is important for Japan’s auto industry to gain understanding of its strong efforts to contribute to the U.S. economy.

Seko was speaking after U.S. President-elect Donald Trump threatened to impose heavy taxes on Toyota Motor Corp 7203.T if it builds its Corolla cars for the U.S. market at a plant in Mexico.

Reporting by Ami Miyazaki and Kaori Kaneko; Editing by Chris Gallagher

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up